[115 Pages Report] The Seam Tapes Market is expected to grow from USD 205 million in 2018 to USD 283 million by 2023, at a CAGR of 6.7% from 2018. The growth in the sports and outdoor apparel industry, owing to the growing health awareness among consumers and increasing fitness activities, is driving the growth of the seam tapes market during the forecast period. In addition, increase in demand for protective clothing and accessories such as military, surgical/medical, and chemical protection garments are influencing the growth of the market.  

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The multi-layered segment is estimated to be the larger segment type in the seam tapes market, in 2018

The seam tapes market has been segmented, on the basis of type, into single-layered and multi-layered. The numerous advantages of multi-layered seam tapes-in terms of superior waterproofing, excellent adhesion, and a wide range of applications-have contributed to the dominance of this segment in the seam tapes market. Its numerous applications include apparels, tents, tarpaulins, footwear, and backpacks, among others. The single-layered segment is estimated to occupy a lesser share of the market, owing to the limited applications of single-layered seam tapes.

The polyurethane segment is projected to grow at the highest CAGR in the global seam tapes market from 2018 to 2023

The polyurethane segment recorded the largest demand in the seam tapes market and is projected to grow at the highest CAGR during the forecast period due to the various benefits of polyurethane in seam tapes, such as high abrasion, impact resistance, water resistance, and high flexibility. In addition to this, its wide range of applications, including outdoor gear, military gear, sports apparels, footwear, tents, tarpaulins, hazardous material suits, and backpacks have also contributed to its high growth.

Asia Pacific is expected to hold the largest share of the seam tapes market during the forecast period

Asia Pacific is expected to dominate the demand for seam tapes through 2023. Various factors such as strong government support, rapid economic development, availability of raw materials, and cheap labor are fueling the demand for the textile & apparel manufacturing industry in the region. Moreover, the growth of the Asia Pacific seam tapes market is supported by the booming textile and garment manufacturing industries in countries such as China, India, Vietnam, Indonesia, Bangladesh, Cambodia, and Thailand.

Key Market Players

The seam tapes market is dominated by large players such as Bemis Associates (US), Toray Industries (Japan), Himel Corp. (Korea), Sealon (Korea), Loxy AS (Norway), Gerlinger Industries (Germany), DingZing (Taiwan), Adhesive Films (US), San Chemicals (Japan), and Essentra (UK). These players have established brands, a wide product portfolio, and a strong geographical presence.

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